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Kärcher Headquarters Near DIA Available for Sublease

Leave a Comment / Brokerage, Office /

CBRE has been awarded the exclusive leasing assignment for the sublease of Kärcher North America’s headquarters building, located at 4555 Airport Way in Denver. Mitch Bradley, Sergio Castaneda and Megan Strauss with CBRE are marketing the property for sublease, which expires December 31, 2025. “This Class A office building is well-positioned in the expanding market near Denver International Airport. […]

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Apartment Sale Near Swedish Medical Center Demonstrates Continued Velocity

Leave a Comment / Brokerage, Multifamily /

Creekside Apartments, a 17-unit apartment community near Swedish Medical Center in Englewood, has sold for $2,450,000. The sale represents a strong value-add opportunity in an area poised for growth. Matthew Beverly, Boomer Beatty and Peter Standley, all investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf

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Force Majeure Provisions in the Age of COVID-19

Leave a Comment / Contributed Article, Development /

By Patrick Compton, partner at Ballard Spahr Whether you are dealing with a real estate purchase and sale agreement, a construction contract, or a commercial lease, chances are your legal documents contain some form of “force majeure” provision. Translated from the French, meaning “superior force,” these provisions relieve or modify contractual obligations when circumstances beyond the control

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McWhinney Donates 150 Denver Milk Market Lunches to Lakewood Hospital

Leave a Comment / Charity /

McWhinney, a Colorado-based real estate investor and developer with expertise in commercial, multifamily, hospitality, residential and mixed-use assets, is partnering with Lunches for Clinicians to donate 150 lunches to frontline workers at St. Anthony Hospital in Lakewood. The lunches will be created by Denver Milk Market, the 16-concept food hall led by Chef Frank Bonanno,

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Denver Office Availability to Increase in 2020

Leave a Comment / Office, Rent, Reports /

By the end of March, the rapidly evolving COVID-19 pandemic had slowed or halted nearly all Denver businesses. Several sectors with a notable corporate presence in Denver, including retail, transportation, and leisure, have suffered significantly to date.  As the forecast of a recession in the U.S. appears increasingly likely, Denver’s market dynamics have the potential to be dramatically altered.

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Movers and Shakers Week Ending 04.24.20

Leave a Comment / Movers and Shakers /

Howell Construction Welcomes John Walsh, Project Manager Howell Construction welcomes John Walsh as project manager. John came to Howell from San Diego and brings seven years of hospitality, education, industrial, and general commercial industry experience, including work for Hunter Industries, Hilton, Marriott, and San Marcos School District. John graduated from the University of Denver in 2014 with a business

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Local Construction: A Pandemic Perspective

Leave a Comment / Construction, Contributed Article /

By Peter Knowles While official government responses to the coronavirus have ranged from draconian to dismissive (at the state level, Colorado has classified construction as essential, but some counties have imposed restrictions on building activity), the crisis has hit the building industry with indiscriminate force. In this time of uncertainty, there are ways that area owners can mitigate

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Willdan Selected for $21M in Colorado School Contracts

Leave a Comment / Construction, Design, Development, Education, Engineering /

Willdan Group, Inc., a nationwide provider of professional technical and consulting services to utilities, government agencies, and private industry, will provide design-build services for — Trinidad District No. 1 and Granada School District Re-2 — two Colorado public school projects. The two schools will have respective budgets of $15.5 million and $5.7 million. The projects

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GTC Gears Up for Four New Healthcare Projects

Leave a Comment / Construction, Development, Healthcare /

Golden Triangle Construction (GTC), a full-service, commercial general contractor that has successfully completed a wide variety of projects along the Colorado Front Range for over 40 years, is currently working on healthcare projects in Westminster, Littleton, Greeley, and Fort Collins. The projects are a new MOB core and shell, a conversion of an existing office building into an

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Boulder Apartment Community Receives $22.4M Loan

Leave a Comment / Brokerage, Multifamily /

Copper Ridge Apartment Homes, a 129-unit, garden-style community located in Louisville, has received $22.4 million in refinancing. Newmark Knight Frank (NKF) arranged the Freddie Mac, 10-year, fixed-rate refinancing. Though the refinance application was submitted in December, the borrower decided to postpone the closing date to April 1, 2020, at which time there would be no pre-payment penalty on the existing debt.

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